how is there not any incentive to modernize? waiting until something goes wrong?
Discussion
People protecting their jobs. If you’re the only person who understands some old app that runs some critical system, you essentially have ‘tenure’.
That’s a part of it but it’s more about being in the middle of the ocean and trying to build a new boat.
Every large Org skimps on dev/test/non-prod infrastructure and licensing and have too much tech debt to change. Easier to pay someone to be part of the furniture than rearchitect environments and processes, and no-one ever wants to own the risk for big stuff like this or ask for the budget; Execs protecting their jobs by keeping on the old hats who are protecting theirs.
again, the inability to adapt and evolve hinders progress
I wish humans weren't lazy, but evolutionary speaking, laziness is good
Adapt to what though?
They can toss a front end on this crap like lipstick on a pig. Mobile, web? What big movement?
That’s why they got their panties in a bunch over “blockchain”. This will solve everything 😂😂😂
And BTC is sitting there saying “not so fast partner”. BTC ain’t blockchain or crypto and does solve everything, including obsoleting you.
CVS for example is so deep into old tech that supports over 75% of their annual revenues that they cannot.
Incentives for a company are making money, that’s it. They make lots of money.
JPMC charges their customers for their old tech - ATM fee’s, overdraft fee’s, low balance fee’s, a fee for breathing.